Key Points I think the megacap technology businesses — otherwise known as the “Magnificent Seven” — are fantastic businesses. These include Nvidia, Tesla, Alphabet, Apple, Microsoft, and Meta Platforms. But it is the seventh member of the Magnificent Seven, I think, that has the best chance to double by the end of 2028: Amazon (NASDAQ: … Read more

Cathie Wood Sold Palantir and AMD, Then Poured $3.35 Million Into Archer Aviation. Is ARK Betting Big on Flying Taxis?

The whipping post

Key Points Cathie Wood’s Ark Innovation ETF recently sold shares of Palantir and AMD and bought shares of Archer Aviation. Palantir and AMD are still bigger portfolio positions for Wood’s flagship fund, but the increased bet on Archer is still notable. Archer Aviation stock is down big this year even as the company has made … Read more

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A $100 Monthly Investment in QQQ Could Grow Into This Over 20 Years

The whipping post

Key Points If the past decade’s performance continues over the following 20 years, Invesco QQQ Trust investors will capture a fantastic 20.4% annualized average return. Artificial intelligence, mobile computing, and cloud computing are key secular trends that have propelled the three leading stocks in this portfolio. The possibility of slower earnings growth for this ETF’s … Read more